Gold up 126% in five years vs bitcoin's 28% as inflation hedge debate sharpens
- —Gold rose from $1,780 in October 2021 to $4,024 in October 2026, a 126% gain
- —Bitcoin is up only 28% over the same period and trades near $80,480
- —Over the past year gold slipped 0.2% and bitcoin fell 27.4% versus 3.7% CPI
- —Central banks bought 289 tonnes of gold in Q2 2026, up 62% year on year
Why it matters: The data undercuts bitcoin's near-term inflation-hedge narrative and strengthens the case for gold among institutional allocators.
Source: Blockmedia